CEGMF (Cerro Grande Mining) Debt-to-EBITDA : -28.77 (As of Jun. 2024)

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What is Cerro Grande Mining Debt-to-EBITDA?

Cerro Grande Mining CEGMF Debt-to-EBITDA is -28.77 as of Jun. 2024.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cerro Grande Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.29 Mil. Cerro Grande Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.74 Mil. Cerro Grande Mining's annualized EBITDA for the quarter that ended in Jun. 2024 was $-0.14 Mil. Cerro Grande Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -28.77.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cerro Grande Mining's Debt-to-EBITDA or its related term are showing as below:

CEGMF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.12
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cerro Grande Mining  (OTCPK:CEGMF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cerro Grande Mining Debt-to-EBITDA Related Terms


Cerro Grande Mining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cerro Grande Mining's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cerro Grande Mining Debt-to-EBITDA Chart

Cerro Grande Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -3.09 -4.95 -110.66 -13.30

Cerro Grande Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.96 26.07 -14.87 -28.61 -28.77

CEGMF vs NRHI, ENRT, LBRMF: Debt-to-EBITDA Comparison

For the Other Industrial Metals & Mining subindustry, Cerro Grande Mining's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cerro Grande Mining Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cerro Grande Mining's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cerro Grande Mining's Debt-to-EBITDA falls into.



Cerro Grande Mining Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cerro Grande Mining's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.279 + 3.683) / -0.298
=-13.30

Cerro Grande Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.29 + 3.738) / -0.14
=-28.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -28.77 mean?
Cerro Grande Mining (CEGMF) has a Debt-to-EBITDA of -28.77 as of Jun. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cerro Grande Mining.
Is Cerro Grande Mining's Debt-to-EBITDA too high?
Cerro Grande Mining's current Debt-to-EBITDA is -28.77.
How does Cerro Grande Mining's Debt-to-EBITDA compare to NRHI and ENRT?
Cerro Grande Mining's Debt-to-EBITDA of -28.77 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-EBITDA is 1.12. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.12, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cerro Grande Mining. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerro Grande Mining's current Debt-to-EBITDA is -28.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerro Grande Mining stock overvalued right now?
Cerro Grande Mining (CEGMF) has a current Debt-to-EBITDA of -28.77. The current Debt-to-EBITDA is -28.77. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cerro Grande Mining (CEGMF), the current Debt-to-EBITDA is -28.77 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cerro Grande Mining Business Description

Address Avenida Santa Maria 2224, Providencia, Santiago, CHL
Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.